SOURCE: Walleye Technologies

July 10, 2007 08:48 ET

Walleye™ Technologies and Venture Technologies Form Alliance to Develop Hand-Held, Millimeter Wave Camera Technology for Consumer and Security Applications

SOMERVILLE, MA--(Marketwire - July 10, 2007) - Walleye™ Technologies and Venture Technologies, Inc. have formed an alliance to develop a next-generation, hand-held, portable camera capable of "seeing" into and through solid objects. The Walleye camera is a patent-pending technology platform that generates high-quality digital images that can be readily displayed, stored, analyzed, and transmitted. Instead of visible light, the Walleye camera uses invisible wavelengths called millimeter waves to see into and through objects. The first prototype of the Walleye camera has been developed for the consumer home repair market. The platform nature of the Walleye millimeter wave imaging technology lends itself to a series of innovative products at a price performance capability that have significant competitive advantages.

Venture Technologies is a leading product developer and systems engineering company. The Walleye camera will incorporate Venture's system level engineering. "The Walleye camera and technology have a diversity of applications with the home repair market being just the first," says Don Miffitt, CEO of Venture Technologies.

"Our collaborative and business relationship with Venture Technologies allows Walleye to leverage its proprietary technology with the many years of expert technical and product experience at Venture," said David Holbrook, Walleye CTO.

The Walleye Imaging System has applications across a diversity of markets, including: consumer (home repair and construction), security and medical applications. Walleye Technologies' business model is to partner with leading manufacturing, marketing and sales organizations in the targeted markets.

About Walleye Technologies

Walleye Technologies develops next-generation hand-held portable imaging systems capable of "seeing" into and through solid objects. The company's patent-pending imaging technology platform, the Walleye Imaging System, generates high-quality images and has a diversity of applications from consumer to security imaging markets. To learn more about the Walleye Technologies, please visit www.walleyetechnologies.com.

About Venture Technologies, Inc.

Venture Technologies is a product development company that has twenty-two years' experience designing and developing products in new and emerging markets. The company develops products that analyze measure, control and communicate. Clients include emerging market startups and established Fortune 500 companies. Venture Technologies assisted Walleye in the development of the portable camera. For additional information about Venture, please visit www.venturetechnologies.com.

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